Bulgaria’s Middle Class Edges Down to 47% of Population - Study
Thursday, 01 January 1970
Some 3.5 million Bulgarians, or about 47% of the country’s population, have an income in the middle class range, a study conducted by local think-tank Institute for Market Economics showed.
The study defines the country’s middle class as earning a monthly income of 2,400 levs per family of four by 2010.
About 44% of the population fall in the low income group, whereas some 10% said their income is high, the study showed.
Over the 2005 – 2010 period the number of people who describe their income as average decreased by 200,000. However, the top income group increased by some 2.0% in the meanwhile.